Gary Klesch

The Economist

Gary Klesch made his name in the City of London in the 1980s trying to engineer outlandish corporate break-ups and takeovers that others thought impossible - and frequently were. The American keeps a lower profile these days, but along with a few banks such as Bankers Trust, he has brought the trade in so-called 'distressed' debt across the Atlantic. However much it dislikes him, the financial establishment would...